How much funding has Element Ai raised?

Element Ai has raised $502.0M in total funding, most recently a Series B round.

When was Element Ai founded?

Element Ai was founded in 2016.

Where is Element Ai headquartered?

Element Ai is headquartered in Montreal, Canada.

What industry is Element Ai in?

Element Ai operates in Productivity, Artificial Intelligence.

How many employees does Element Ai have?

Element Ai has 201-500 employees.

Element Ai

Closed

Montreal, Canada · Founded 2016 · $502.0M raised

Productivity

Artificial Intelligence

Headquarters: Montreal
Employees: 201–500
Founded: 2016
Business Model: B2B

Website: www.elementai.com
Total Funding: $502.0M
Last Round: $200.0M Series BNov 2019
Rounds: 3

About

Element AI was a Canadian AI services company that built enterprise AI solutions for complex workflows including insurance underwriting, manufacturing, and logistics. Founded in Montreal in 2016 by AI pioneers including Yoshua Bengio, it was acquired by ServiceNow in January 2021 for approximately $230 million USD and ceased to operate as an independent company.

Summary

Element Ai is a Productivity company based in Montreal, Canada, founded in 2016. It has raised $502.0M in total across 3 rounds, most recently a $200.0M Series B round in Nov 2019.

LinkedIn X (Twitter)GitHub